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21500 Hwy 27
Lake Wales, FL 33859
Ted Vernon's South Beach Classics · Property For Lease

HIGHLIGHTS

  • Fully Equipped Auto Dealership
  • 37,000 Vehicles Per Day
  • 4,408 SF Main Showroom
  • 800 Feet of Frontage on US Hwy 27
  • Dedicated Turn Lanes from Both Directions
  • 15,458 SF Service Center with working lifts

PROPERTY FACTS

Property Type Retail
Property Subtype Auto Dealership
Gross Leasable Area 19,956 SF
Year Built/Renovated 1979/2023
Parking Ratio 2.15/1,000 SF

ABOUT THE PROPERTY

Ted Vernon's South Beach Classics is located directly on US Hwy 27, the main north/south route through central Florida. Daily traffic exceeds 37,000 vehicles per day. The location serves as the geographical center of the Florida peninsula, approximately 50 miles east of Tampa and 60 miles southwest of Orlando. It provides convenient access to major highways, including US Hwy 27 (north/south), State Highway 60 (east/west) and Interstate 4, 25 miles to the north, making it easily accessible for residents and businesses. The area is surrounded by natural beauty, with lakes, rolling hills, and scenic landscapes. The City of Lake Wales has a growing economy that encompasses various industries, including healthcare, retail, tourism, agriculture, and manufacturing. The healthcare sector is significant, with hospitals, medical clinics, and other facilities serving the community and surrounding areas. The City has undergone explosive growth in the last decade, and additional new developments for up to 9000 residential homes have already been approved, with more proposals pending. A major 1800 acre development is currently in the planning stages, and it's northern most point is 1 block south of this location. The interchange of Hwy 27 and SR 60, 4 miles south of the subject location, is currently under construction to expand both highways from 4 lanes to 6. This is to accommodate the daily traffic volumes that are predicted to increase to 42,800 and 52,800 respectively by the year 2040. A 318 acre, state-of-the-art intermodal transportation terminal is located 9 miles from this location off SR 60. The terminal features five 3,000-foot loading tracks and two 10,000-foot arrival and departure tracks. The terminal processes up to 300,000 containers a year. This is surrounded by 930 acres designated for 7.9 million square feet of warehouse distribution centers, light industrial, and office facilities. Retail opportunities abound, with a mix of local businesses, franchises, and national chains. The tourism industry also plays a role, as Lake Wales is known for its natural beauty and attractions like Bok Tower Gardens and Lake Kissimmee State Park. The future is bright in Lake Wales, with ever expanding business opportunities, in a business friendly and low-tax environment.

  • Conferencing Facility
  • Dedicated Turn Lane
  • Mezzanine
  • Pylon Sign
  • Signage
  • Waterfront
  • Storage Space
  • Air Conditioning
  • Listing ID: 28795248

  • Date on Market: 6/19/2023

  • Last Updated:

  • Address: 21500 Hwy 27, Lake Wales, FL 33859

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